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President Joe Biden looks set to sign a much-anticipated executive order in the coming weeks that would limit some U.S. investments in certain high-tech sectors in China, in a fresh sign of how Washington is aiming to take a tough stance against Beijing.
The goal of the order would be to address national-security worries posed by U.S. companies’ investments in “countries of concern — in particular China,” said 22V Research analysts led by Kim Wallace, a former Obama Treasury official, in a note on Thursday.
The…
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